| To: Zoro99 who wrote (120378) | 4/1/2025 9:47:53 AM | | From: Zoro99 | | | | IVDN News: Over $1 Million in Revenue With Continued Profitability Projected in the First Half of 2025 for High Demand Product in the Homebuilding Sector from Innovative Designs, Inc. (IVDN)
IVDN’s Leading Distributor, Built Link Solutions, is Delivering Increasing Order Flow for Superior Evacuated Cell Home Insulation Product
PITTSBURGH, PA - April 1, 2025 (NEWMEDIAWIRE) - Innovative Designs, Inc. (OTC Pink: IVDN) is now able to project that the company will hit another revenue growth milestone, reaching over $1 million in sales revenue for the first two quarters of its fiscal 2025 year which ends on April 30th. This successful trend is also projected to continue the Innovative Designs status as a profitable company which was achieved for the first time at the end of the 2024 fiscal year.
Sharply rising demand for the superior and patented Innovative Designs Insultex House Wrap®, is being fueled by new government building codes calling for continuous insulation and exterior R-Value requirements. For new construction, Insultex House Wrap®, adds an R-6 moisture barrier membrane that does not need additional insulation boards or other support as with other products from our competitors. This makes Insultex House Wrap®, the best overall insulation house wrap choice available on the market today. For full details be sure to visit: insultexhousewrap.com.
Much of the rapidly growing sales success Innovative Designs is now receiving can be credited to our leading Distributor, Built Link Solutions, LLC. As part of their active and very effective marketing program, the Built Link Solutions team has exhibited at multiple trade show events in the past months, presenting Insultex House Wrap® to a wide range of homebuilding professions and building materials suppliers at every level. Randy Kimbler of Built Link Solutions stated, “We are receiving daily calls and emails from builders and materials suppliers looking for a solution to the new R-5 Continuous Insulation requirement for many states. We can now resolve this increasingly important issue with Insultex House Wrap®”.
Joseph A. Riccelli Jr., CEO of Innovative Designs, commented, “We have 2025 off to unprecedented growth in the entire history of our Company. We are extremely pleased with the escalating order flow for our superior performance vacuum cell Insultex House Wrap® product and, of course, must extend our acknowledgement to Built Link Solutions for becoming our leading product distributor. With about one month to go in our fiscal 2nd quarter we are now able to project reaching the impressive $1 million revenue tier for the first half of our fiscal 2025 year and continued profitability for the three trailing quarters. We can also project increased sales and revenue growth in the quarters ahead considering the strong customer response and market trends we see developing. To support this growth, we are moving forward with plans to step up manufacturing and shorten delivery times from our production facilities in Massachusetts and other locations. Everyone on our team is delivering the most positive results for Innovative Designs this year."
About Innovative Designs, Inc.
Innovative Designs, Inc. manufactures the Insultex® House Wrap and Arctic Armor® Line, under the "i.d.i.gear" label featuring INSULTEX®. Patented INSULTEX® is the thinnest, lightest and warmest insulator in the market today. For more information, please visit: insultexhousewrap.com and idigear.com
Disclaimer
Certain statements in this press release constitute "forward-looking" statements as defined by federal law. Such statements are based on assumptions, but there is no assurance that actual outcomes will not be materially different as those implied. Any such statements are made in reliance on the "Safe Harbor" protections provided under the Private Securities Reform Act of 1995 and are subject to various factors, including the risks and matters discussed in the Company's SEC filings available at sec.gov.
CONTACT:
Innovative Designs, Inc.
Joseph A. Riccelli Jr., CEO
412-799-0350
Riccellijjr@insultexhousewrap.com
insultexhousewrap.com
Built Link Solutions, LLC
Randy Kimbler, Director of Business Development
616-443-3200
RandyK@BuiltLinkSolutions.com |
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| From: Zoro99 | 5/16/2025 12:05:28 PM | | | | | | $ACGX News: Alliance Creative Group (ACGX) Releases 2025 Q1 Quarterly Report - Significantly Improved Balance Sheet & Reduced Debt
May 15, 2025
einpresswire.com |
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| To: Zoro99 who wrote (120379) | 5/20/2025 10:55:36 AM | | From: Zoro99 | | | | IVDN: Innovative Designs Projects Over 150% Increase in Fiscal Second Quarter Sales Results vs Previous Year, Continuing Multiple Quarters of Profitability
Increasing Recognition of Superior and Patented Evacuated Cell Insulation as the Best Option in Homebuilding Driving Ongoing Record Sales
PITTSBURGH, PA - May 20, 2025 (NEWMEDIAWIRE) - Innovative Designs, Inc. (OTC Pink: IVDN) today is able to project its revenue growth for the fiscal second quarter of 2025, ending on April 30th, will exceed previous expectations and deliver over $750,000 (at least 150% increase over the fiscal 2nd quarter of 2024). This new milestone will continue the Company's profitability, which now spans the last three trailing quarters. For the first 6 months of fiscal 2025 IVDN sales revenue will have already approximately reached the total for all of fiscal 2024. Management expects to file a finalized financial report ahead of the June 15th SEC posting requirement.
Continued demand for Innovative Designs Insultex House Wrap(R) is being driven by new government building codes specifying continuous insulation and exterior R-Value requirements. For new construction, our patented and unique evacuated cell Insultex House Wrap(R), adds an R-6 moisture barrier membrane that does not need additional insulation boards or other support as with other products from competitors. This makes Insultex House Wrap(R), the best overall insulation house wrap choice available on the market today. For full product specifications and details visit: insultexhousewrap.com.
Randy Kimbler of Insultex(R) Distributor Built Link Solutions, LLC commented, "Due to the sharply increasing interest that the superior Insultex(R) solution is generating, we have recently expanded our marketing campaign into new states which include: Connecticut, Massachusetts, South Dakota, Montana and Maryland. We have also been increasing the size of our sales staff to meet the rising level of inquiries being receiving as the advantages of the Insultex(R) product line are becoming more recognized in the national homebuilding industry. There is no better option for insulation performance and cost effectiveness so we anticipate the market demand to continue to rise, going forward and we will be ready to respond."
Joseph A. Riccelli Jr., CEO of Innovative Designs, stated, "Insultex House Wrap(R) is taking its place as a product of choice by more and more homebuilders and remodelers. The continuing record results in our revenue growth clearly illustrate this trend. We expect to be filing our official fiscal second quarter financial report within the next 30 days with finalized numbers, but at this time, we can confidently project at least the record totals cited above which will put IVDN well on a path to its best year ever in 2025. To support this strong sales growth rate, we are still working to boost "Insultex House Wrap(R) production levels from our US-based facilities in Massachusetts and other locations. Additionally, we are anticipating having IVDN stock uplisted to the higher OTCQX tier in the near term as we have completed all steps necessary for this advancement."
About Innovative Designs, Inc.
Innovative Designs, Inc. manufactures the Insultex(R) House Wrap and Arctic Armor(R) Line, under the "i.d.i.gear" label featuring INSULTEX(R). Patented INSULTEX(R) is the thinnest, lightest and warmest insulator in the market today. For more information, please visit: insultexhousewrap.com and idigear.com
Disclaimer
Certain statements in this press release constitute "forward-looking" statements as defined by federal law. Such statements are based on assumptions, but there is no assurance that actual outcomes will not be materially different as those implied. Any such statements are made in reliance on the "Safe Harbor" protections provided under the Private Securities Reform Act of 1995 and are subject to various factors, including the risks and matters discussed in the Company's SEC filings available at sec.gov.
CONTACT:
Innovative Designs, Inc.
Joseph A. Riccelli Jr., CEO
412-799-0350
Riccellijjr@insultexhousewrap.com
insultexhousewrap.com
Built Link Solutions, LLC
Randy Kimbler, Director of Business Development
616-443-3200
RandyK@BuiltLinkSolutions.com |
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| From: Giants1967 | 6/9/2025 10:07:56 AM | | | | | | $YGT $YGTFF Gold Terra Confirms Campbell Shear Gold Potential to a Vertical Depth of 2580 Metres, Con Mine Option Property, NWT
Gold Terra Resource Corp. (TSXV:YGT)(Frankfurt:TX0)(OTCQX:YGTFF) (" Gold Terra " or the " Company ") is pleased to report that wedge hole GTCM25-056A intersected anomalous gold in the Campbell Shear (CS) from 2680.5 to 2703.5 metres downhole depth on the Con Mine Option (CMO) Property. The results are very encouraging, confirming the existence of the CS more than 600 metres below the mine. The CS intersection is gold and silver anomalous (up to 0.5 g/t Au and 12.6 g/t Ag), which the Company views as comparable to historical low-grade intersections in the mine that were outside the previous mined high-grade shoots.
accessnewswire.com |
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| From: Giants1967 | 6/12/2025 9:31:38 AM | | | | | | KRTL Holding Group Inc. (OTC: KRTL) today announced that its wholly owned subsidiary, KRTL Biotech Inc., has secured an initial purchase order valued at $240,000 for Thiamine Mononitrate (Vitamin B1) and Riboflavin (Vitamin B2) through the efforts of its recently expanded sales leadership team.
otcmarkets.com |
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| From: MikeS97707 | 6/12/2025 11:53:49 AM | | | | | | AltiGen Communications, Inc. (ATGN)
Price: $0.57
Market Cap: $14.7 M
Basic/Diluted Shares Outstanding: 25.601M/25.928M. Their share structure has been quite stable as they had 22.8M shares outstanding as of 9/30/14. I picked that date because it is a date that I recorded information a long time ago.
Management ownership by CEO: 3,493,682 (14%)
AltiGen's self described mission is "to revolutionize business communications by delivering secure, scalable, and intelligent solutions that empower organizations to connect, collaborate, and grow." They currently accomplish this by delivering and supporting Voice over Internet Protocol (VoIP) phone systems and call center solutions for businesses.
Their business has bounced in an out of profitability over the years and has been profitable for the past four quarters including earning $0.011/share in the most recent quarter on revenue of $3.5M vs. a loss of $0.0099/share on revenue of $3.36M in the prior year.
Most of their increase in revenue in this quarter was from "Professional services and other" which increased from $1.183M to $1.362M. However "Hosted services" also increased from $1.817M to $1.856M. I understand this growth is due to MaxCloud V2 being available now. It has only been available for a few months. They have an objective of migrating all of their legacy cloud and on-premise customers to MaxCloud V2 in the next 18 months. They have been working on the new version of MaxCloud for years. In the Q1'25 confernce call they stated: "Now that we have the proper solution available with MaxCloud UC, we expect to be able to begin generating new incremental revenues in the UCaaS space. That, to me, suggests now is when the proverbial hockey stick starts.
They have also been reducing costs. Operating expenses were reduced from $2.302M in the March 2024 quarter (Q2’24) to $1.882M in the March 2025 quarter (Q2’25). They have further cost savings that they have identified. One such potential cost reduction is that they became a Microsoft ECIF Certified Vendor in the U.S. They have the potential to receive Financial Assistance from Microsoft among other things under this program. See the following press release for more details: otcmarkets.com
Recent Management changes:
- Joe Hamblin rejoined the company in February of 2024 as Chief Digital Officer. He was the Chief Operations Officer from Sept 2020 to January 2022. His reason for leaving in 2022 was that he received an offer "he couldn't refuse." Prior to that he spent nearly 33 years at Sprint Nextel culmination in a role as Vice President of IT Enterprise Services.
- Gary Stone joined as Acting CFO in January of this year.
About a year ago at the Planet MicroCap Conference and reiterated in the Q3'24 conference call they indicated that they expect to be within $40-60M in annual revenue with $50M at the midpoint within 5 years. That would be approximately 4 years from now. To the best of my knowledge, they haven't reiterated this guidance since Q3'24 of last year and I haven't had the opportunity to ask them. I suspect they haven’t reiterated the guidance because I understand that the delays in introduction on the next version of their UCaaS platform called MaxCloud have impacted growth. In the conference call they stated that they have “already migrated approximately 30 customers to the new platform with the objective of migrating all of our legacy cloud and on-premise customers to MaxCloud V2 in the next 18 months.” Furthermore, in the conference call they stated that: “We feel like we're positioned for growth and what you can expect from us now that we really feel like the house is in order. We will start investing in sales and marketing, focusing on our top line revenue growth going forward. Even if they only hit $35 M in revenue that would be almost tripling of revenue.
So in summary you have a company that is reducing cost and growing revenue. Given all of the above, I have to believe that earnings are going to increase and likely substantially.
Disclosure: This is a large holding of mine. |
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| From: Giants1967 | 6/13/2025 8:42:48 AM | | | | | | (OTC PINK:OODH)("Orion"), a revenue generating diversified company, announced today that it has closed on a royalty and non-operated working interest in Louisiana.
accessnewswire.com |
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| From: Giants1967 | 6/19/2025 8:40:36 AM | | | | | | BLGO Independent Evaluation Confirms Breakthrough Performance of BioLargo's Cellinity Battery Technology for Grid-Scale Energy Storage
https://www.accessnewswire.com/newsroom/en/chemicals/independent-evaluation-confirms-breakthrough-performance-of-biolargos-cellinity-battery-t-1040814 |
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| From: Giants1967 | 6/19/2025 8:59:14 AM | | | | | | MSCH Bo Derek's Perfect?10 Brand, in Partnership with MainStreetChamber Holdings, Donates Mattresses and Furniture to Veterans at Harvison House
https://www.accessnewswire.com/newsroom/en/business-and-professional-services/bo-dereks-perfect%e2%80%af10-brand-in-partnership-with-mainstreetchamber-1040797 |
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| To: Zoro99 who wrote (120381) | 6/19/2025 3:28:07 PM | | From: Zoro99 | | | | IVDN: Innovative Designs Delivers Record Sales Growth and Highest Profitability Level to Date for First 6 Months of 2025 With 265% Increase Year-Over-Year
Superior and Patented Evacuated Cell Insulation Continues to Gain Homebuilding and Remodeling Industry Recognition With Rising Demand
PITTSBURGH, PA - June 17, 2025 (NEWMEDIAWIRE) - Innovative Designs, Inc. (OTC Pink: IVDN) has filed its financial report for the fiscal second quarter of 2025, ending on April 30th. The Company is pleased to report that continuing revenue growth has pushed the latest results well above previous projections, reaching $796,369 in fiscal Q2 (a 165% increase over fiscal Q2 of 2024). Total revenues for the first 6 months of 2025 reached $1,340,285 (a 265% increase over the total for the same period in 2024).
IVDN has now reported profitability for the past three trailing quarters. With this fiscal Q2 filing, the profit level has also increased to a new high for the Company’s history with over $240,000 in net income for the first 6 months of 2025 vs. a $41,000 loss at the same point in 2024.
About Innovative Designs, Inc.
Innovative Designs, Inc. manufactures the Insultex® House Wrap and Arctic Armor® Line, under the "i.d.i.gear" label featuring INSULTEX®. Patented INSULTEX® is the thinnest, lightest and warmest insulator in the market today. For more information, please visit: insultexhousewrap.com and idigear.com
Disclaimer
Certain statements in this press release constitute "forward-looking" statements as defined by federal law. Such statements are based on assumptions, but there is no assurance that actual outcomes will not be materially different as those implied. Any such statements are made in reliance on the "Safe Harbor" protections provided under the Private Securities Reform Act of 1995 and are subject to various factors, including the risks and matters discussed in the Company's SEC filings available at sec.gov.
CONTACT:
Innovative Designs, Inc.
Joseph A. Riccelli Jr., CEO
412-799-0350
Riccellijjr@insultexhousewrap.com
insultexhousewrap.com
Built Link Solutions, LLC
Randy Kimbler, Director of Business Development
616-443-3200
RandyK@BuiltLinkSolutions.com |
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